Wellington Shields & Co. LLC lowered its stake in Hewlett Packard Enterprise Company (NYSE:HPE) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,700 shares of the technology company’s stock after selling 300 shares during the period. Wellington Shields & Co. LLC’s holdings in Hewlett Packard Enterprise were worth $211,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. raised its position in Hewlett Packard Enterprise by 12.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 9,428,134 shares of the technology company’s stock valued at $218,168,000 after buying an additional 1,078,574 shares during the last quarter. Kentucky Retirement Systems purchased a new position in Hewlett Packard Enterprise during the fourth quarter valued at about $2,797,000. Searle & CO. bought a new stake in shares of Hewlett Packard Enterprise during the fourth quarter valued at approximately $275,000. Franklin Street Advisors Inc. NC increased its stake in shares of Hewlett Packard Enterprise by 1.0% in the first quarter. Franklin Street Advisors Inc. NC now owns 12,172 shares of the technology company’s stock valued at $288,000 after buying an additional 122 shares during the period. Finally, Chevy Chase Trust Holdings Inc. increased its stake in shares of Hewlett Packard Enterprise by 2.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 1,448,203 shares of the technology company’s stock valued at $34,322,000 after buying an additional 31,097 shares during the period. Hedge funds and other institutional investors own 80.31% of the company’s stock.

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) opened at 17.51 on Monday. The company has a 50-day moving average price of $17.04 and a 200-day moving average price of $17.61. The company has a market capitalization of $28.76 billion, a PE ratio of 13.28 and a beta of 2.74. Hewlett Packard Enterprise Company has a 52 week low of $15.49 and a 52 week high of $19.16.

Hewlett Packard Enterprise (NYSE:HPE) last issued its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The company had revenue of $9.90 billion during the quarter, compared to analyst estimates of $9.75 billion. Hewlett Packard Enterprise had a return on equity of 9.80% and a net margin of 4.85%. The firm’s revenue for the quarter was down 22.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 earnings per share. Analysts predict that Hewlett Packard Enterprise Company will post $1.45 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Wednesday, September 13th will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, September 12th. This represents a $0.26 annualized dividend and a yield of 1.48%. Hewlett Packard Enterprise’s payout ratio is 20.16%.

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Several analysts have recently commented on the stock. Barclays PLC reaffirmed an “underweight” rating and set a $17.00 price objective (down previously from $18.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Maxim Group reaffirmed a “hold” rating and set a $18.00 price objective on shares of Hewlett Packard Enterprise in a research report on Friday, July 14th. BidaskClub downgraded shares of Hewlett Packard Enterprise from a “hold” rating to a “sell” rating in a research report on Saturday. Mizuho reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research report on Wednesday, July 12th. Finally, Robert W. Baird reissued a “hold” rating on shares of Hewlett Packard Enterprise in a research report on Thursday, June 1st. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $21.87.

In related news, CEO Margaret C. Whitman sold 62,652 shares of Hewlett Packard Enterprise stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $16.71, for a total value of $1,046,914.92. Following the completion of the transaction, the chief executive officer now directly owns 830,251 shares in the company, valued at $13,873,494.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Margaret C. Whitman sold 132,192 shares of Hewlett Packard Enterprise stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $16.71, for a total value of $2,208,928.32. Following the completion of the transaction, the chief executive officer now owns 865,021 shares of the company’s stock, valued at $14,454,500.91. The disclosure for this sale can be found here. Insiders sold 1,361,060 shares of company stock valued at $23,676,361 over the last quarter. 0.87% of the stock is currently owned by company insiders.

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company’s segments include: Enterprise Group, Software, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).

Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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